HB 332 Summary

• Creates a new storage lien framework for self-storage facility owners to enforce against delinquent tenants after 10 days of continuous default, allowing recovery of unpaid rent and reasonable late fees (not to exceed $20 or 20% of monthly rent).

• Establishes a lien priority system where self-storage liens are superior to vehicle liens, security interests, and other liens except tax liens.

• Requires facility owners to provide written notice at least 21 days before disposal of stored property, with specific content requirements including itemized claims, cure instructions, and contact information; allows public sales or private disposition depending on commercial viability.

• Mandates that facility owners notify law enforcement and transfer any firearms, ammunition, or controlled substances discovered in storage units; allows tenants one year to reclaim firearms/ammunition from law enforcement.

• Excludes self-storage facilities from existing vehicle lien and unclaimed property statutes, and establishes a redemption right allowing tenants, vehicle owners, or lienholders to recover property by paying amounts due before disposal.